The Port of Rotterdam has announced that a consortium consisting of DP World, Mitsui OSK Lines, Hyundai Merchant Marine, Neptune Orient Lines and CMA CGM has been awarded the right to equip and operate the first terminal in the Maasvlakte 2 development in Rotterdam.
Dubai Ports World, the world's third largest port operator, yesterday said the consortium led by it won the contract.
However, the port operator refused to reveal the value of the deal.
CEO of DP World, Mohammed Sharaf said: "Congestion is a very serious issue in Europe and this will be an important facility to help relieve the pressure for importers and exporters alike.
"We believe that our global experience and expertise will contribute significantly to the benefit of all stakeholders in the terminal.We are delighted to be part of the consortium that has been selected to equip and operate the very first terminal of the exciting and much-needed Maasvlakte." DP World is one of the largest marine terminal operators in the world with 42 terminals spanning 22 countries, and a dedicated, experienced and professional team of more than 30,000 serving customers in some of the most dynamic global economies.
In early 2006, DP World acquired P&O, including P&O Ports.
The combined 2006 throughput of the company was around 42 million TEU (20-foot equivalent container units) from America to Asia, with global capacity of more than 48m TEU.
The capacity is set to increase with a committed pipeline of expansion and development projects in key growth markets, including India, China and the Middle East. Capacity will rise to around 84m TEU by 2016.
By Emirates Today Staff
© Emirates Today 2007
